Labcorp is cutting positions based on salary not performance, so the high producers that built decent incomes over the years will be cut in favor of the lower paid low performers. It works short term but it is devastating in the long term.
So much what @VTsS20g-1igah said. This is obviously engineered to replace employees who are paid more, but nobody is paying attention to the fact that with them, we are losing our best and most experienced employees. Not only will this not work long term, this will be the company's downfall.